Understanding Production Scrap Cost Transactions

Production scrap cost transactions account for the cost of assemblies that scrapped in process while recording operation and assembly completions. The information that appears here is derived from the Assembly Scrap Cost record (SF_SCRAPCOST). The transaction groups that are used to record scrap are:

Transaction Group Description Transaction Process Menu Path

212

WIP Revaluation (Scrap)

Revaluation of WIP inventory. If assembly scrap is recorded prior to the standards change, the scrap costs are revalued as part of the WIP revaluation calculation.

Cost Accounting, Item Costs, Update Standard Costs, Cost Update/Revalue, Update Production

250

Assembly Scrap

Recording scrap for an assembly at an operation.

  • Production Control, Process Production, Complete Production, Record Completions and Scrap

  • Process Production, Subcontract Production, Receive Subcontract Assembly

  • Production Control, Process Production, Complete Production, Process Completions and Scrap